What Business Owners Should Consider When Crafting a Succession Plan
When developing a business succession plan and exit strategy, business owners should keep a few things in mind. Read more with Fifth Third Bank.
For many business owners, their business is their largest asset. In many privately-owned businesses, the owner is the business—meaning it’s important they ensure the business can run without them in the picture and they take steps to move the business in that direction prior to their exit.
When developing a succession plan and exit strategy from their company, business owners should keep a few things in mind—especially when consulting with an outside expert.
Download this guide for what to consider when crafting your exit strategy.